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  • LightSpeed And Braintree Announce Partnership Agreement

22nd October 2012

LightSpeed And Braintree Announce Partnership Agreement

lightspeed retailMontreal’s LightSpeed, a leading software company that helps retailers reinvent in-store shopping, and Chicago’s Braintree, the fastest growing payments platform for online and mobile commerce, today announced a partnership agreement to launch a flexible monthly payment option for retailers. A first for the retail industry, this new Monthly Maintenance Plan, is designed to help retailers manage their overall cost structure, with a level of flexibility that frees up cash flow.

“After an exhaustive search for the right partner to launch this new initiative, Braintree stood out as the obvious choice due to its unmatched capabilities in next-generation commerce,” said Dax Dasilva, founder and CEO of LightSpeed. “We have been amazed by Braintree’s professionalism, and by the company’s ability to integrate its payment platform truly at the speed of light.”

Pricing for the Monthly Maintenance Plan will be $40 per month for the first User, and $20 per month for each additional User. The new plan is available to all customers who renew their Support Subscriptions.

“We are thrilled to partner with LightSpeed, and introduce payment options to their client base in a flexible and seamless manner,” said Bill Ready, CEO of Braintree. “By enabling monthly billing, we hope to allow LightSpeed to continue to deepen its relationship with retailers around the globe.”

This entry was posted on Monday, October 22nd, 2012 at 10:33 am and is filed under Business News, National News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
  1. Tami Quiring (@VillageGamer)
    3:35 am on October 22nd, 2012

    .@LightSpeedPOS And @Braintree Announce Partnership Agreement http://t.co/FN05WGnJ

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